Managers of Wealth Americas

BlackRock to Vanguard Tell FSB: We’re Not Lehman 2.0

Stop trying to regulate us like banks

Two More Private Banks Reach Resolutions Under Justice Department's Swiss Bank Program

“The days of safely hiding behind shell corporations and numbered bank accounts are over,” said Acting Assistant Attorney General Caroline D. Ciraolo of the Department of Justice’s Tax Division.

US prosecutors believe FIFA president's top deputy transferred $10 million in bribe money

Valcke, FIFA President Sepp Blatter's No. 2 man, was not arrested and isn't accused of any wrongdoing

SEC Proposes Amendments to Form ADV and Recordkeeping Rule

The proposed amendments would add specific questions with respect to an adviser’s SMAs

International law firm adds up to 15 lawyers from K&L Gates

The two new teams, which may comprise up to 15 lawyers, arrive from the Dallas office of another AmLaw 50 law firm.

Former Chief Counsel to SEC Chair Joins Ropes & Gray

Before joining the SEC, Mr. Rice was a Managing Director and held a senior in-house counsel position at a global financial institution.

Oliver Stone says America’s big banking bosses should have been jailed

Greed, says three-time Oscar-winning filmmaker Oliver Stone, is not good.

Top asset managers unite to push back on global rules - again

FSB wants funds of certain size to face more scrutiny

Banking Committee Chairman Introduces the Financial Regulatory Improvement Act of 2015

For more than two decades, each and every Congress has considered and adopted wide-ranging financial services legislation that has significantly altered the legal and regulatory landscape governing financial institutions in the United States

International law firm continues dramatic US expansion

The majority of the new team joins the firm from the Private Client Services Group at McKenna Long & Aldridge and comprises well-respected and highly experienced trusts and estate planning, charitable giving and trusts and estate litigation lawyers.

FINRA CEO Criticizes DOL Fiduciary Proposal

Ketchum highlighted several areas of concern regarding the DOL’s re-proposed fiduciary rule.

Op-Ed: Why Banning Mandatory Securities Arbitration Would be a Mistake

Arbitration in the securities industry – between broker-dealers and their customers – wasn’t always mandatory

Fried Frank Extends Asset Management Practice to Europe

Fried, Frank, Harris, Shriver & Jacobson LLP announced today that Mark Mifsud, Kate Downey and Alexandra Conroy will join the Firm as partners in the Asset Management Practice, resident in the London office

International law firm extends asset management practice to Europe

This team has extensive experience in advising private fund managers in relation to the structuring and establishment of a wide range of private investment funds.

Chuck Blazer, former football official turned FBI informant, is the man at epicenter of FIFA arrests

Once the most important man in US soccer, Charles "Chuck" Blazer turned on FIFA to become the central figure in a wide-ranging graft investigation

Four Banks Reach Resolutions Under Department of Justice Swiss Bank Program

The department is currently investigating accountholders, bank employees, and other facilitators and institutions based on information supplied by various sources, including the banks participating in this Program. Our message is clear – there is no

SEC Charges Deutsche Bank With Misstating Financial Reports During Financial Crisis

Deutsche Bank agreed to pay a $55 million penalty to settle the charges.

JPMorgan’s Guilty Plea Puts Wealth Unit in Spot With Regulators

With its new felony record, America’s biggest bank needs to seek the Department of Labor’s permission to keep managing money in the $8 trillion private pension market.

Division of Investment Management Issues Cybersecurity Guidance-- Securities and Exchange Commission

The staff of the Division of Investment Management of the SEC published a Guidance Update addressing cybersecurity risks and the need for funds and advisers to protect confidential

Barclays facing explosive allegations it engineered computer systems to rig financial markets

Last night experts said the allegations would ‘beg even more serious questions’ about these giants if they are proved to be true.

Legal, Regulation & Compliance